SBI Scheme For Senior Citizens And Women: Many schemes are being run by the State Bank of India for the elderly and women. Investing in them will give bumper benefits. Let us tell you about them.
If you are looking for a scheme for investment. Your age is above 60 years. That is, you come under senior citizens. Or if you are a woman, then State Bank of India i.e. SBI has brought great schemes for you.
By investing in these schemes of SBI, the elderly and women will get a lot of benefits. Let us tell you how to invest in these schemes. And what will be the benefits of investing in these schemes.
Senior Citizen Saving Scheme is run by the State Bank of India for the elderly, this scheme is especially for persons of 60 years of age or above. Currently, it is getting an interest of 8.2%.
The payment of which is made on a quarterly basis. In the scheme, a minimum of one thousand rupees and a maximum of 15 lakh rupees can be deposited. This scheme is for 5 years which can be extended for 3 more years. It also provides tax benefits under section 80c.
At the same time, Asmita Yojana has been started by SBI for women. In this scheme, women are given loan by SBI to start a business. It is given at a very low interest rate. It is a collateral free loan. In which a loan of Rs 10 lakh to Rs 1 crore is available.
SBI has started SBI WeCare FD scheme for the elderly. In this scheme, 0.50 percent more interest is available than FD. Only people of 60 years of age or above can take advantage of this scheme.
SBI has also brought SBI Life Smart Women Advantage Scheme specially for women. In this, the policy holder also gets money at a fixed interval. So a lump sum amount is also given when the policy matures. Women are also given a discount in premium payment during pregnancy. Along with this, there is also a critical illness cover.